Question

Calls-in-Advance
6. On 11.2019 X Lad received in advance the first call of 3 per share on 10,000 square
shares. The first call was due on 14.2019. The subscribed shares were 50,000 of ? 20 edet
Journalise the above transactions and transfer the advance to first call account by opening
a Call-in-Advance Account. Assume the whole amount due on first call was received
Ans. Calls-in-Advance A/c (Cr.) 30,000)
#han Cash​

Answer 1

Answer:

What is this I cant understand....Lmao